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Government

TIU LAUREL TO FTI: START BUYING NUEVA ECIJA ONIONS

The government is stepping into the onion fields again, this time before prices unravel. Agriculture Secretary Francisco Tiu Laurel Jr. has ordered state-run Food Terminals Inc. (FTI) to begin buying onions, aiming to prevent a farmgate price collapse as harvest season barrels toward its peak. A team has already been dispatched to Nueva Ecija, the […]

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Government

FTI, CIAC TO DEVELOP P3.6B FOOD HUB IN CLARK

The Food Terminal Inc. (FTI), a government-owned and controlled corporation under the Department of Agriculture (DA), has signed a Memorandum of Agreement (MOA) with the Clark International Airport Corp. (CIAC) for the development of a P3.6-billion Bagsakan ng Bayan Mega Food Hub (BBM Food Hub)—a large-scale agri-food complex aimed at boosting food security and farmer […]

Categories
Government

THAI SUPPLIER TO HELP STABILIZE NCR PORK PRICES

Food Terminals Inc. (FTI), a government corporation under the Department of Agriculture (DA), took a bold step by signing a memorandum of agreement with the local unit of Thailand’s Charoen Pokphand Foods PLC (CP Foods). This partnership aims to stabilize pork prices in Metro Manila, where consumers have been grappling with rising food costs. The […]